Business & Economy

The Dangote Petroleum Refinery has been formally valued at $39.1 billion as it moves to raise fresh investment through a private placement, a transaction that has already ignited extraordinary interest...

The Nigerian naira traded steadily on Thursday, holding firm against the US dollar in both the official and parallel markets, as dealers and investors closely monitored liquidity and foreign exchange...

Oil markets swung wildly on Thursday as renewed U.S.-Iran military exchanges drove crude prices sharply higher before a partial pullback exposed the widening disconnect between geopolitical alarm and actual supply...

The International Monetary Fund (IMF) has directed Nigeria to formally regulate stablecoins and other crypto assets, warning that the country's fast-growing digital asset market poses a real threat to financial...

The naira traded steadily against the dollar on Wednesday in both the official and parallel markets, suggesting a fragile yet growing stability in Nigeria's foreign exchange landscape. Data from the...

Oil markets found themselves caught between competing forces on Wednesday, with crude prices settling into a cautious equilibrium as traders weighed the escalating military confrontation between Washington and Tehran against...

The naira held steady against the dollar on Tuesday across both the official and parallel markets, supported by improved liquidity and moderating import demand. Data from the Central Bank of...

Oil prices pulled back sharply on Tuesday, surrendering the bulk of the previous session's dramatic gains, as fragile signals of a ceasefire between Iran and Israel injected a rare moment...

Nigeria's naira gained modest ground against the dollar on Monday morning, trading at ₦1,357.26 per dollar at the official Nigerian Foreign Exchange Market (NFEM) window. Data published on the Central...

Oil markets surged on Monday as escalating tensions in the Middle East dashed hopes of a diplomatic resolution, driving Brent crude past $96 a barrel and stoking fears of a...